The laser cleaning market was valued at USD 551.1
Million in 2017 and is expected to reach USD 723.9 Million by 2023, at a
CAGR of 4.22% during the forecast period. The base year considered for
the study is 2017 and the forecast period is between 2018 and 2023.
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Major players in the laser cleaning market include Coherent, Inc. (Coherent) (US), Trumpf Group (Trumpf) (Germany), IPG Photonics Corporation (IPG Photonics) (US), Adapt Laser Systems LLC (Adapt Laser) (US), and Clean Lasersysteme GmbH (Clean Lasersysteme) (Germany).
https://www.marketsandmarkets.com/pdfdownload.asp?id=134452499
Major players in the laser cleaning market include Coherent, Inc. (Coherent) (US), Trumpf Group (Trumpf) (Germany), IPG Photonics Corporation (IPG Photonics) (US), Adapt Laser Systems LLC (Adapt Laser) (US), and Clean Lasersysteme GmbH (Clean Lasersysteme) (Germany).
The report covers the laser cleaning market on the
basis of laser type, applications, and geography. Among applications,
cleaning process accounted for the largest market in 2017. In the
automotive industry, laser is used in tire mold cleaning and brake line
decoating systems. The growth of laser cleaning systems can be
attributed to factors such as increasing use of high-energy pulsed 49
lasers for the ablation of organic materials and surface activation
tasks. The laser cleaning market by cleaning process for aerospace and
aircraft is expected to grow at a higher CAGR during the forecast
period.
The growth is because of the global commercial aerospace
subsector, which is likely to experience strong revenue and operating
earnings growth in the near future. This will be a result of continued
record production levels driven by strong demand for next-generation
aircraft and growing passenger traffic. The growth is expected to mainly
impact Asia Pacific and the Middle East. On the other hand, the
commercial passenger and cargo aircraft and the annual number of
passengers are expected to witness an expedited growth during the
forecast period, which will be further responsible for the increased use
of laser for cleaning due to growing air traffic.
Among laser type, solid lasers are expected to lead
the overall laser cleaning market because of the higher CAGR during the
forecast period. The solid laser segment includes YAG and fiber lasers.
The market is dominated by the YAG laser segment as YAG lasers (Nd:YAG,
flash-pumped Q-switched Nd:YAG, arc-lamp pumped Q-switched Nd: YAG, and
diode-pumped Q-switched Nd:YAG) are extensively used for cleaning and
for other material processing applications. In the precision mechanical
industry, YAG lasers play a crucial role to clean parts that have grease
and mineral oils applied as lubricants or as anti-corrosives. The laser
cleaning method reduces the residual contamination to practically zero
level.
North America is accounted for the largest share of
the laser cleaning market in 2018, followed by Europe and Asia Pacific
(APAC). There is an increase in the demand for gas lasers in North
America owing to the establishment of the manufacturing sector in the
region. Laser cleaning systems are mainly used for the conservation and
restoration of antique items and in automotive and aerospace industries
and power plants. The growth of this market in Asia Pacific can be
attributed to the increased use of laser cleaning in automotive parts
and aerospace maintenance sector. The growth of the laser cleaning
market in APAC is also driven by the rising infrastructure market in the
region.
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